HTF Market Intelligence Consulting Private Limited

Computer Reservation Systems(CRS) Market to See Huge Growth by 2026 : Travel Tripper, TravelClick, Sabre

 

Edison, NJ -- (SBWIRE) -- 02/05/2021 -- A new research document with title 'Global Computer Reservation Systems(CRS) Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2026' covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC) and important players/vendors such as Travel Tripper, LLC (United States), TravelClick, Inc. (United States), Sceptre Hospitality Resources (United States), IBC Hospitality Technology (United States), Sabre Corporation (United States), Amadeus IT Group (Spain), GuestCentric (United States) and Hotel-Spider (Switzerland). The report will help user gain market insights, future trends and growth prospects for forecast period of 2021-2026.

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Summary
Computer Reservation Systems (CRS) is one of the most widely used tools in the travel and tourism industry. CRS helps to retrieve and conduct transactions related to air travel, hotels, car rental, or other activities. It was originally designed to be used by airlines but was later extended to be used by travel agencies. The system used to promote sales and provide fast and accurate information about availability, price, and bookings of products and services. Some of the key players profiled in the study are Travel Tripper, LLC (United States), TravelClick, Inc. (United States), Sceptre Hospitality Resources (United States), IBC Hospitality Technology (United States), Sabre Corporation (United States), Amadeus IT Group (Spain), GuestCentric (United States) and Hotel-Spider (Switzerland).
On the basis of geography, the market of Computer Reservation Systems(CRS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by , the sub-segment i.e. will boost the Computer Reservation Systems(CRS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

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Market Drivers
Demand for Automation in Travel Agency
Increasing Number of Passengers Traveling by Air
Features Such as Client Management, Dynamic Content and Itinerary Creation is Fueling the Market

Market Trend
Technological Advancements in System

Restraints
Lack of Expertise in Installation and Operational Techniques

Opportunities
Growing Tourism Industry across the Globe
Increasing Awareness among the Small and Medium Enterprises

Challenges
Data Privacy Concern
In Mach 2019, Amedeus IT group has acquired ICM airport Technics which specializes in the provision of self-service baggage solutions for airports and airlines across the world.

Target Audience:
Computer Reservation Systems(CRS) Provider, Technology Provider, Potential Investors, Research Firm and Others

Major Objectives Focused through this Study
- To define, describe, and forecast the Global Computer Reservation Systems(CRS) market on the basis of product [On-Premise and Web-Based] , application [Air travel, Hotels, Car rental and Others], key regions and end user
- To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
- To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
- Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
- To provide market size for various segments of the Computer Reservation Systems(CRS) market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
- To strategically profile the key players and analyzing their market shares and core competencies in the Computer Reservation Systems(CRS) industry
- To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market

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Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Busy Rooms Limited (Malta) and Vertical Booking (United States).
** Confirmation on availability of data would be informed prior purchase

While framing the research framework, major and emerging players operating in the Computer Reservation Systems(CRS) market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.

Strategic Points Covered in Table of Content of Computer Reservation Systems(CRS) Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Computer Reservation Systems(CRS)market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic info

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